By Robert Romano “Our expectation has been we would begin to see inflation come down, largely because of supply side healing.  We haven’t. We have seen some supply side healing but inflation has not really come down.” That was Federal Reserve Chairman Jerome Powell on Sept. 21, […]

By Robert Romano On Sept. 20, a paranoid, drunk 41-year-old Biden supporter tragically ran a 19-year-old Trump supporter down with his car in North Dakota “because he had a political argument with the pedestrian and believed the pedestrian was calling people to come get him” apparently after the boy called his mother to come and pick him up. The […]

By Robert Romano Whether it is the Justice Department suppressing the Hunter Biden laptop story prior to the election of President Joe Biden, or raiding the residence of former President Donald Trump because he’s still running for President and now targeting his top donors, or locking Jan. […]

By Robert Romano The nominal broad U.S. Dollar Index reported by the Federal Reserve is showing its strongest readings since the height of the Covid pandemic in April 2020 when the global economy was shutting down and 25 million jobs were lost in the blink of an eye. The latest reading of 123.9 […]

By Robert Romano On Sept. 13, the Bureau of Labor Statistics will release a fresh batch of consumer inflation data for Aug. 2022, what will likely show a drop of the current, annualized 8.5 percent rate as demand contracts in the teeth of another global recession. In July 2021 , inflation grew at a monthly, […]

By Robert Romano A plurality of Americans, 39 percent, say they do not think former President Donald Trump will face criminal charges for documents Trump says he declassified that were seized by the FBI in an Aug. 8 raid of his Palm Beach, Fla. residence, Mar-a-Lago, the latest Economist-YouGov poll shows . […]

By Robert Romano President Joe Biden received no bounce in polls from his dark Sept. 1 speech in Philadelphia, Pa. outlining the supposed “threat” to “the very foundations of our republic” posed by former President Donald Trump and the so-called Make America Great Again (MAGA) Republicans. 58 percent disapproved of his handling of his […]

By Robert Romano As global oil prices somewhat ease as Europe’s economy overheats into recession , falling prices will eventually bring along another unfortunate aspect of the business cycle: the impact on labor markets. Inflation and unemployment are said to have an inverse relationship. When prices are generally rising, unemployment is usually […]

By Robert Romano This evening, the President of the United States of America, Joe Biden, will deliver a primetime speech from Independence Hall in Philadelphia, Pa. laying out his case that so-called Make America Great Again (MAGA) Republicans, that is, those Republicans who supported former President Donald Trump in the 2016 GOP primary, the 2016 election and the […]

By Robert Romano For the first half of 2022, Republicans hoping to retake the House and Senate in the Congressional midterms were consistently leading the generic ballot question all the way through June in national polls of both likely and registered voters by a few points. It’s what you’d expect to […]

By Robert Romano The federal warrant affidavit the Federal Bureau of Investigation (FBI) relied on to search former President Donald Trump’s residence in Palm Beach, Fla., Mar-a-Lago — at least its redacted version — bears no mention of a Jan. 19, 2021 declassification order by Trump of documents related to the Justice […]

By Robert Romano Since 1980, when the national debt was $907 billion and just 31.7 percent of the Gross Domestic Product (GDP), the debt has grown by an average of 9 percent a year, to its current level of more than $30.7 trillion — 124 percent of GDP — according to […]

By Robert Romano In New York’s 19th Congressional District special election on Aug. 23 , Democrat Pat Ryan narrowly defeated Marc Molinaro, 51.1 percent to 48.9 percent. That’s a seat House Republicans are hoping to pick up certainly in the November Congressional midterms, and yet their hopes were dashed after Molinaro was leading both Republican and Democratic polls of so-called “likely” voters prior to the special election. On […]

By Robert Romano Baby Boomers are retiring faster than the population of 16-to-64-year-olds is increasing, an analysis of Bureau of Labor Statistics data shows , with 3.2 million more 65-years-old-or-older Americans leaving the civilian labor force since Jan. 2020. Comparatively, the population of 16-to-64-year-olds has only increased by 1.5 million since Jan. 2020 to its current […]

By Robert Romano “I think there’s probably a greater likelihood the House flips than the Senate.” That was Senate Minority Leader Mitch McConnell (R-Ky .) on Aug. 18 at the Northern Kentucky Chamber of Commerce , handicapping the Nov. 2022 Congressional midterms, giving Republicans greater odds to win back the House than the Senate. But that would be […]